EU countries back tough line on 5G suppliers
BRUSSELS: EU countries have endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected,...
DISCOs caused Rs78bn losses in FY19
ISLAMABAD: Power distributing companies (DISCOs) have caused around Rs78,418 million worth heavy loss to the National Electric Power Regulatory Authority (NEPRA), as...
Futuristic design questioned after Tesla Cybertruck launch
DETROIT/TOKYO: Tesla Inc's launch of its futuristic Cybertruck pickup suffered a setback when its “armoured glass” windows shattered, but it was the...
Power Division refutes Sindh govt’s allegations on ARE Policy
'Consultation on the draft ARE Policy was done with all relevant public sector entities, provincial energy departments, major multilaterals and DFIs'
Big industry contracts 5.9pc in 3MFY20
ISLAMABAD: Despite positive economic indicators like reduction in current account deficit and jump in the stock exchange, the fall in Large Scale Manufacturing...
Bulls stage comeback as KSE-100 gains 824 points
KARACHI: Bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Friday, as the indices recovered the losses made in the previous...
US brings China trade war to Pakistan
'It's clear, or it needs to be clear, that CPEC is not about aid'
Bitcoin plummets to a six-month low on China crackdown
LONDON: Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the...
‘Furniture city to be set up near Chiniot’
LAHORE: Punjab Industries & Trade Minister Mian Aslam Iqbal has said that a furniture city would be established on 200 acres of land...
Iran keen to enhance trade ties with Pakistan: envoy
ISLAMABAD: Ambassador of Iran Mehdi Honardoost on Thursday met Adviser to Prime Minister on Commerce Abdul Razak Dawood in Islamabad to discuss...
‘CPEC an important milestone towards Pakistan’s development’
President Dr Arif Alvi on Thursday termed China Pakistan Economic Corridor (CPEC) as an important milestone in the journey towards development, as...
Govt jacks up power price by Rs1.83 per unit
The National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs1.83 per unit increase in electricity tariff under monthly fuel price adjustment...
PIA adds new aircraft to its fleet
KARACHI: Pakistan International Airlines (PIA) has added a new aircraft – Airbus A320 – to its fleet, the national flag carrier confirmed on...
Stocks bleed as KSE-100 plummets 936 points
KARACHI: The Pakistan Stock Exchange (PSX) took a pounding on Thursday, with the benchmark KSE-100 Index dropping by over 1,000 points intraday.
Foreign investors,...
PSX outperforms world stock markets in three months
ISLAMABAD: Pakistan stocks have outperformed the world's leading stock markets during the last three months due to the government's steps to stabilise economy,...